6703 SW 40TH TERRACE Tucked inside the gated community of Savanna Pointe, this vacant lot offers a chance to build in a prime Gainesville location just minutes from UF, Shands, the VA, Celebration Pointe, Butler Plaza, and easy access to I-75. This parcel allows for your choice of builder, with architectural approval required by the community’s Review Committee before closing. After the purchase agreement is signed, the buyer has 90 days to submit plans for the home, including floor plans, elevations, a site plan, and builder information. At closing, the buyer pays a $2, 500 Impact Fee and a Construction Compliance Fee to the Savanna Pointe Community Association. The Compliance Fee is refundable once construction is complete and meets approved specifications. HOA dues apply while the lot is vacant and will adjust once the home is finished. A great option for building something new in a well-established, well-located neighborhood.